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Old 01-12-2016, 06:32 PM
S610 S610 is offline
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Originally Posted by Rikken View Post
I've thought of this as well. Not sure if it's true, but I've read several articles claiming you are 20 times more likely to be murdered/kidnapped after winning the lottery. I've had this convo with my husband and he always says, ASAP he is going to get the money. I'm more of a planning type of person. Get some lawyers, change my name, phone number, I'd probably change my looks as well. I don't see the point into rushing to get the money. That's why so many people end up broke.
I think the reason so many end up murdered or broke is because they live ghetto fabulous lifestyles.

This video sums it up (I hope he is joking!):


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Originally Posted by Harmless Drudge View Post
$1.5 B would spay and neuter a LOT OF cats. But if you REALLY want to do some good, neuter the hoodrats instead.
Neutering hoodrats would be a lost cause, they breed too fast and the government would just import more anyway. I would rather fantasize about things that I love!
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Old 01-12-2016, 07:47 PM
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Originally Posted by Ricekila View Post
The 4 wheeled kind

I guess your not old enough ?
Maybe you're too old
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Old 01-12-2016, 07:54 PM
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I'm not a flashy guy. I'd like a new Indian Chieftan and either a Dodge Powerwagon or the new Dodge Rebel and my wife would like a new Range Rover for her and our daughter. Funny, she's wanted a Range Rover every since that couple ran over that biker in NY! I wonder if there's a message there?
Anyway, I'd probably enroll in one of those Thunder Ranch Schools ASAP. Probably more than one. Yes, I'd get some new hardware as well, because I Can.
My wife and daughter like to shop, mainly for clothes, but they don't really buy much. I'd pay good money to hire bodyguards to go with them so I wouldn't have to. Meanwhile, touring around on my bike and fishing where very few people are is my idea of fun. Not a real spendy kind of life.
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Old 01-12-2016, 08:04 PM
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One million to ten million in low profile lifestyle - Monitored security system at home, in the vehicles, and personal alarms and tracking devices.

Ten million to fifty million in low profile lifestyle - To above add man security patrols for home, personal alarm and tracking devices for quick reaction recovery force.

Ten million to fifty million higher profile lifestyle - To above add agency bodyguards for public appearances, body armor, security escorts to and from house for spouse and children, armored personal vehicles.

Fifty to two-hundred-fifty million in low profile lifestyle - To above add security team at house, armed chauffeur in armored vehicle.

Fifty to two-hundred-fifty million in higher profile lifestyle - To above add armored chase car(s) and personal body guard when in public.

Over two-fifty-million in low profile lifestyle - To above add personal security team at all times, everyone chauffeured in armored vehicles, advance security team for all off property activities.

Over two-fifty-million in high profile lifestyle - To above add manned security office at each property, with own quick reaction/recovery teams with helicopter support/transport.

Just my opinion.
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Old 01-12-2016, 08:10 PM
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I once had a co worker whose mother in law won $4 million in the lotto and had to hire security guards to patrol around her house to keep people from constantly bothering her. $1.5 billion ? Security around you 24/7. Lots of bad guys out there that are into kidnapping.
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Old 01-12-2016, 08:12 PM
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Originally Posted by Harmless Drudge View Post
Maybe you're too old
You also -- soon -- dont blink

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Old 01-12-2016, 08:14 PM
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Quote:
Originally Posted by Jerry D Young View Post
One million to ten million in low profile lifestyle - Monitored security system at home, in the vehicles, and personal alarms and tracking devices.

Ten million to fifty million in low profile lifestyle - To above add man security patrols for home, personal alarm and tracking devices for quick reaction recovery force.

Ten million to fifty million higher profile lifestyle - To above add agency bodyguards for public appearances, body armor, security escorts to and from house for spouse and children, armored personal vehicles.

Fifty to two-hundred-fifty million in low profile lifestyle - To above add security team at house, armed chauffeur in armored vehicle.

Fifty to two-hundred-fifty million in higher profile lifestyle - To above add armored chase car(s) and personal body guard when in public.

Over two-fifty-million in low profile lifestyle - To above add personal security team at all times, everyone chauffeured in armored vehicles, advance security team for all off property activities.

Over two-fifty-million in high profile lifestyle - To above add manned security office at each property, with own quick reaction/recovery teams with helicopter support/transport.

Just my opinion.
And just where have you been young man
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Old 01-12-2016, 08:19 PM
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Quote:
Originally Posted by Ricekila View Post
And just where have you been young man
Here and there; around and about; back and forth; in and out; elsewhere and otherwhere; but always close.

Just my opinion.
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Old 01-12-2016, 08:22 PM
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Quote:
Originally Posted by Jerry D Young View Post
One million to ten million in low profile lifestyle - Monitored security system at home, in the vehicles, and personal alarms and tracking devices.

Ten million to fifty million in low profile lifestyle - To above add man security patrols for home, personal alarm and tracking devices for quick reaction recovery force.

Ten million to fifty million higher profile lifestyle - To above add agency bodyguards for public appearances, body armor, security escorts to and from house for spouse and children, armored personal vehicles.

Fifty to two-hundred-fifty million in low profile lifestyle - To above add security team at house, armed chauffeur in armored vehicle.

Fifty to two-hundred-fifty million in higher profile lifestyle - To above add armored chase car(s) and personal body guard when in public.

Over two-fifty-million in low profile lifestyle - To above add personal security team at all times, everyone chauffeured in armored vehicles, advance security team for all off property activities.

Over two-fifty-million in high profile lifestyle - To above add manned security office at each property, with own quick reaction/recovery teams with helicopter support/transport.

Just my opinion.
Thanks Jerry, that's what I'm looking for. Excellent breakdown of different amounts/levels as well.
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Old 01-12-2016, 09:09 PM
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Lottery winners have been murdered by friends and family. Don't hire your "friends" as body guards. You may love em, but you don't know what their temptation level is.
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Old 01-12-2016, 09:33 PM
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Quote:
Originally Posted by Rikken View Post
I've thought of this as well. Not sure if it's true, but I've read several articles claiming you are 20 times more likely to be murdered/kidnapped after winning the lottery. I've had this convo with my husband and he always says, ASAP he is going to get the money. I'm more of a planning type of person. Get some lawyers, change my name, phone number, I'd probably change my looks as well. I don't see the point into rushing to get the money. That's why so many people end up broke.
Haha...talk about unlucky lottery winners, this video is interesting.

Weird coincidence, one of the people featured in it was local, the illegal alien at 4:30 in the video. It says he lost most of his winnings in part due to legal fees, I know that attorney! I met him on a local news forum and he talked about representing the lottery winner. Kind of sad that what was left of the winnings mostly went to him, he surely didn't need it but the lottery winner was dirt poor (and maybe still is).

Small world.

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Old 01-12-2016, 09:47 PM
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A few of these to patrol my compound
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Old 01-12-2016, 11:24 PM
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Just found out I can claim the lottery winnings anonymously in KS.
Outstanding. I will have no problems, it seems.
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Old 01-13-2016, 12:04 AM
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Originally Posted by willc453 View Post
You're thinking small.....remember, you're a billionaire and gotta show some style. Like a matching set of M-1 Abrahms at the gate, 2 Bradleys near the front door and a Stryker (or 2) at the back

And of course, you gotta remember Hefner's place is for sale.
Is that furnished with all the goodies?
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Old 01-13-2016, 12:08 AM
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Quote:
Originally Posted by willc453 View Post
You're thinking small.....remember, you're a billionaire and gotta show some style. Like a matching set of M-1 Abrahms at the gate, 2 Bradleys near the front door and a Stryker (or 2) at the back

And of course, you gotta remember Hefner's place is for sale.
I would not put them at the gate. Never let them see you sweet.

. . . . also, never let them see where you hide your Abrahams.
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Old 01-13-2016, 02:27 AM
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Read an anecdote about a successful lottery jackpot winner who did all the right things and didn't blow it. After spending weeks pre-arranging a tax/legal/financial/security team... and a plan... he showed up to collect his (after taxes) many tens of millions in winnings. His state required public ID of winner and no way to utilize an LLC to claim the prize. Thus, he did the obligatory photo with the big check. But then...

After collecting his winnings, he promptly exited the Lotto HQ, under armed escort, and traveled straight to the airport (linking up with his waiting family). Jetted to Hawaii and secluded himself & loved ones in a highly secure luxury location with 24/7 executive personal security detail. They stayed there for long enough to fall off the notoriety radar. Putting about 2500 expensive offshore flight miles between themselves and grifters, thieves, opportunists, reporters, estranged family, etc. ...eliminated a lot of problems. Folks have to be persistent if they are going to follow you across an ocean for your money.

Going to Hawaii kept them inside the legal borders of the USA while still retaining the ability to contract licensed/bonded armed security. Something that can be problematic when travelling to foreign destinations.

(Alaska would be another option and a place where it would be easy to get somewhere nice, yet remote, and in a state without Hawaii's gun restrictions.)

Me? I'd hire a PSD from a long established firm specializing in executive protection. Clark International, Triple Canopy, Gavin de Becker & Associates, Pinkerton, etc. They are not inexpensive, but for at least the first few months (until things settled down and a valid Threat Vulnerability Assessment was completed to cover my new lifestyle), I'd want serious professionals... not some bouncer or ex-military buddy I happened to know. I'd be paying for the same folks that guard Fortune 500 executives.

Discrete armored executive vehicles would need to be provided by such a firm until I could take delivery of my own.

With the kind of money at stake in the current Power Ball, I'd have to accept the fact of essentially needing to enter a luxurious witness protection program. At least for a time. Maybe a few months. Let the hired security steer me to a safe & discrete location. There are places where the immensely wealthy or famous hole up. High security communities or vacation spots.

Wherever you find yourself, consider hiring POST certified Law Enforcement Officers from the local jurisdiction. An off duty cop (several actually... one per shift) to augment your protection detail. They have power of arrest, knowledge of local legal procedures, have radio communications with their on-duty brethren, and can quickly summon all the blue lights in the world if need be. A little bit more than a bodyguard team can do. Just a little extra edge to ensure that a particularly persistent stalker, threat, or annoyance can be gotten rid of... in cuffs. Rates vary depending upon locale, but ~$40 per hour is about average for hiring an off-duty officer. These kind of gigs tend to be passed word of mouth through a department and choice jobs get filled by a network of senior officers. Sometimes that supervisory level experience and network connection gets billed a little higher.

Whether you hire team of bodyguards who are all Ex-SEAL ninjas or just rent-a-cops, having a local police sergeant moonlighting on your premises is a good idea. Having an officer included with your team guarantees that in 99% of paparazzi problems or trespasser disputes... local law enforcement is already on your side. Like when persistent relatives you never knew about show up with hands out stretched. Just something to keep in mind. When the cops get called by your contracted cop, they will respond to their brother's assistance pretty quickly. They could personally care less about you, but it sure helps with timely police response when it's actually needed.

On the PSD (Personal Security Detail) side of the house, expect to pay ~$3K per day for basic but serious round the clock protection by armed, certified, professionals. That's not counting team per diem expenses like lodging, travel expenses, food, etc. Maybe $100K (or more) per month. But if you've got > $500 million in the bank, that's cheap insurance... at least for the critical first few weeks or months. Later, when you get established at your new (or old) residence... you can probably reduce the cost of that security considerably by contracting for long term armed security at about $70 per hour. You might need that... you might not. Location, location, location.

In answer to the OP's original question... I think any take home winnings over about 2 million would justify the immediate hire of security & temporary relocation. For a few weeks. Just take a vacation somewhere far from home. You need that kind of protection and isolation until you drop off the news cycle and the consciousness of local gossip.

At the level of the current Power Ball take home prize, I'd go ahead and mentally bite the bullet, planning for near-permanent 24/7 hired security. For the rest of my life. Seriously bad folks would hunt you and your family for ransom kidnapping at that level of bank. You'd simply have to grow a hard security shell. It goes with the territory of being immensely wealthy.

Last edited by Astronomy; 01-14-2016 at 03:14 PM.. Reason: typo
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Old 01-13-2016, 05:37 AM
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you can get some anonymity by using trusts. LLCs wont do it because the corporate directors are public information in the filing documents.

http://www.forbes.com/sites/robertpa...0b282eb57b5843

I know many people whose net worth is in the 10-100 million range. That level of wealth does not require private security. You would never know that they are wealthy.
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Old 01-13-2016, 08:33 AM
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No offense, but some of the people on this thread don't quite get the level of threat posed by winning this amount. If you think you can just ride off into the sunset without any lifestyle changes you are living in a fantasy land. Even if you claim it anonymously.
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Old 01-13-2016, 09:36 AM
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$1.5B, after the government fondles it and takes its share, and going the lump sum route, is more like $600MM.
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Old 01-13-2016, 10:33 AM
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Originally Posted by Runamok View Post
That helps keep your name out of the spotlight but it is still public info on who is the owner of the LLC. At least it is in MN; there is a public website where you can name check them.
I think you can form your LLC in Nevada, where I believe there are still privacy laws that prevent public disclosure of ownership. You can't hide money from the law there, but you can keep it from the grasping claws of distant relatives, ex-wives and the several hundred women who will claim that their bass-tard baby is really yours.
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